News
Thurston Smith opens in Birmingham
Hertfordshire-based insurance recruitment firm Thurston Smith has opened a second office, based in Birmingham’s Victoria Square.
Ellis Clowes opens Banbury office
Lloyd's insurance broker Ellis Clowes has opened its second office in Banbury.
Willis and XL move to e-accounting
The London-based operations of insurer XL Group and broker Willis are now using the Acord electronic accounting process between the two companies.
Bollington gives Barnes new risk role
Niche and affinity commercial insurance broker Bollington has appointed Andy Barnes to the new role of head of risk management to expand its 20-strong risk management services.
Plum helps brokers with unusual risks
Non-standard household insurance specialist Plum Underwriting has launched a series of workshops to teach brokers how to benefit from the growing demand for non-standard household risks.
IFB puts fraud searches on web portal
The IFB is making 128 million anti-fraud insurance records available on a web portal to provide fraud scores and intelligence reports.
Marsh and AAIB to cover Iraq land rigs
Marsh has tied up with Anglo Arab Insurance Brokers to provide insurance cover for oil rig drilling contractors in Iraq.
Renewable manufacturers call for tariff withdrawal protection
The insurance industry could play a crucial role in supplying protection against u-turns in European government policy and provide vital support for the emerging renewables market.
Former Lloyd's chair Taylor joins Jubilee as Ryan finalises deal
Ryan Specialty Group has completed the acquisition of specialist Lloyd’s insurer Jubilee Group Holdings and announced a host of key appointments.
Lonmar reimburses underwriters £2m after commission charge error
Lonmar Global Risks have been forced to reimburse marine underwriters with more than £2m in commission after finding excessive levels were applied.
Groupama actions fail to avert S&P rating action
Standard & Poor's Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings of Groupama SA and its related subsidiaries to 'BBB' from 'BBB+', and removed them from Credit Watch with negative implications.
Bio-energy sector most 'problematic' for underwriters
The bio-energy sector is the ‘most problematic' renewable area for underwriters according to RSA.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on the pitfalls and opportunities with exporting to the US; and a View from the Top the different approaches being adopted for environmental liability.
AM Best affirms FM Global's European and UK arm ratings
AM Best has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of FM Global Group and its members, which includes the lead company, Factory Mutual Insurance Company (Factory Mutual).
PwC launch new scheme for Highland UK reinsurance creditors
Pricewaterhouse Cooper today announced that Highlands UK’s scheme of arrangement which dealt with the direct insurance business of the company, has, following its successful implementation, been formally terminated.
SSP names insurance MD
Technology provider SSP has appointed Stephen Lathrope as managing director of its insurer division.
APIL issues access to justice warning for NI
The Association of Personal Injury Lawyers has warned that victims of injury in Northern Ireland are at risk of being denied full and proper access to justice after a report recommended restrictions should be made to civil legal cases.
Equity Red Star forms broker relationship team
Specialist motor insurer Equity Red star has established a dedicated national broker relationship management team to develop profitable accounts with its largest business connections.
Dowler family joins legal reform debate
Milly Dowler’s family has urged David Cameron in a letter to rethink proposed legal reforms in consideration of the fact that the change could have prevented them from suing News International, reports The Guardian.
McErlean sentencing delayed
Sentencing has been delayed until 30 September for Anthony McErlean, who was due to appear at Canterbury Court today to be sentenced for faking his own death and making a fraudulent claims to Ace Europe.
Broker Network and Countrywide add two BDMs
Mark Wilson and Marlene Fisher bring the total number of business development managers consulting network members to 15.
Italy allows variable motor insurance premium tax
Individual Italian provinces now have the ability to vary the insurance premium tax rate of 12.5% on motor vehicle policies, following the country's enforcement of fiscal federalism.
Post Blog: The future of PPI
There hasn't been a hotter topic than payment protection insurance in the industry this year.
Japan typhoon causing "minimal" damage
AIR Worldwide has estimated insured losses from Typhoon Roke are between $150m and $600m.